SAAA Residence Magazine October 2020 | Page 3

Special Edition

IN THIS ISSUE

CONTENTS . . .

12 MARKETING SHOWCASE ... A Virtual Event Thanks to everyone for a successful event
16 VIRTUAL PAC BUSINESS EXCHANGE II
Suppliers : sign up for the second Exchange !
18 PROFESSIONAL DEVELOPMENT
Upcoming education courses from SAAA
San Antonio , TX
General Overview Aug
Conventional Properties Annual Chg
2020 Occupancy 90.3 -1.1%
Unit Change 5,759 Units Absorbed ( Annual ) 3,562 Average Size ( SF ) 848 0 % Asking Rent $ 1,047 + 0.7 % Asking Rent per SF $ 1.23 + 0.8 % Efective Rent $ 1,019 -0.1%
22 TEXAS APARTMENT ASSOCIATION INFO
FAQs regarding the Texas Supreme Court ruling
Efective Rent per SF $ 1.20 -0.1 % % Ofering Concessions 39 % + 19.2 % Avg . Concession Package 5.9 % + 17.7 %
Market Breakdown
% of # # Avg Property Type Market Props Units Occ . SF Conventional 79 % 978 183,483 90.3 % 848 Afordable 15 % 261 33,659 90.3 % 920 Senior Living 4 % 108 10,127 75.2 % 863 Student Housing 2 % 21 4,107 71.3 % 1,098 Totals 1,368 231,376
Top 5 Submarkets
Occupancy Annual Change Aug-20 Change Efective Rent ain East of Downtown - Inside Loop 84.8 % 7.6 % East of Downtown Northeast - Universal City - Live Oak - Shertz 94.4 % 4.5 % Kerrville Southeast - China Grove 94.1 % 4.1 % Southwest - Lackla Seguin 96.2 % 4.0 % Seguin Southwest - Lackland 91.0 % 4.0 % Woodlawn - Saint
27 NEW MEMBERS
Welcome to the SAAA family
New Units
ALN Apartment Data tracks 11K management companies with over 125K properties , compr feature-rich , user-friendly platforms to perform research with confdence , and our comprehe data , information and material provided through ALN Platforms or Reports are copyrig dissemination is strictly forbidden . For ALN editorial inserts , sourcing , questions , or
28 100 CLUB TICKETS NOW ON SALE
Purchase your raffle tickets online this year
34 MAINTENANCE MANIA
Congratulations to our own Robert Mitterer
37 COVID-19
What to do
How To Properly Wash Your Hands
1 . 2 .
3 . 4 . 5 .
41 RESOURCES
Resources to combat homelessness
Wet your hands with clean , running water ( warm or cold ), turn off the tap , and apply soap .
Lather your hands by rubbing them together with the soap . Be sure to lather the backs of your hands , between your fingers , and under your nails .
Scrub your hands for at least 20 seconds . Need a timer ? Hum the “ Happy Birthday ” song from beginning to end twice .
Rinse hands well under clean , running water .
Dry hands using a clean towel or air dry them .
47 MARKET INFORMATION
Update on current market conditions
www . saaaonline . org | OCTOBER 2020 SPECIAL EDITION 3